Crypto exchange-traded funds (ETFs) worldwide could see a productive 2025, according to analysts at Laser Digital.

In its January report, Laser Focus, the firm’s experts noted there are currently 12 outstanding ETF applications awaiting review by the U.S. Securities and Exchange Commission (SEC). Among the potential offerings are a ProShares ETF, as well as derivatives tied to Litecoin, Hedera, XRP, and Solana.

The analysts believe a leadership shift at the SEC will be critical to expanding the U.S. market:

“With the departure of [SEC] Chairman Gary Gensler and the arrival of Paul Atkins (a strong supporter of digital assets) in his place, enforcement actions are likely to decrease, making these ETFs viable later in the year.”

Throughout 2025, the crypto ETF niche will continue to expand alongside rising institutional interest. Pro-crypto regulators appointed by Donald Trump will serve as a significant catalyst, according to Laser Digital.

“[…] Nearly every type of institutional investor now appears among crypto-ETF holders—investment advisors, endowments, pension funds, hedge funds, and family offices,” the report pointed out.

European Growth and MiCA The firm’s analysts also foresee positive momentum in the European Union, boosted by the region’s new regulatory framework from the MiCA bill. They emphasize that many countries—among them the UK, UAE, Hong Kong, and Singapore—are formulating new, potentially favorable laws for digital assets.

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